The largest Singapore bank is extending its blockchain strategy by offering tokenized structured notes on the Ethereum public block chain, in a movement that expands access to complex financial products that once reserved for its private customers.
DBS said in a press release on Thursday that he will distribute the instruments through the local exchanges of Singapore Addx, Digift and Hydrax, marking his first time he offers tokenized products to accredited and institutional investors outside their own customer base.
The debut product is a participation note linked to cryptography that pays in cash when digital assets prices increase, while limiting the decline.
Structured notes traditionally have minimal investments of $ 100,000 are often customized, which makes them not fungible.
When each instrument in units of $ 1,000, DBS said that the values become fungible and easier to trade, offering greater flexibility for portfolio management.
The demand for such instruments has been solid as investors seek to incorporate advanced investment strategies in their digital asset portfolios, the bank said in a statement.
In the first half of 2025, DBS customers executed more than $ 1 billion of operations involved in these instruments, with commercial volumes that grew almost 60% of Q1 2025 to Q2 2025.
The bank sees this as particularly useful for family offices and professional investors, who have grown rapidly in Singapore. The number of single-family offices in the city-state exceeded 2,000 in 2024, 43% more year after year, he said in a statement.
The movement occurs as Singapore deepens its role as a center for tokenized finances. Singapore’s monetary authority (Further) He has advanced to industry pilots through Project Guardianthat explores the tokenization of assets through fixed income, FX and funds, while developing cross -border infrastructure such as the global layer one to group global liquidity.
DBS has been one of the most active banks that participate in these initiatives, often using permissions blockchains for pilots before expanding to public chains.
While the initial approach is in the notes linked to cryptographic, DBS said it also touches the most traditional notes linked to equity and credit.
“Asset token is the next border of financial market infrastructure,” said Li Zhen, head of currency and digital assets in DBS.
“Our first tokenized product addresses the growing institutional appetite by digital assets. With this initiative, a broader segment of investors can now take advantage of our digital asset ecosystem to generate exposure to the class of assets,” Zhen continued.
